NOT LISTED FOR SALE

103 Carmichael Ln Spring Lake, NC 28390

Estimated Value: $163,000 - $198,000

3 Beds
2 Baths
1,273 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $102,000 $80 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,179/month

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Cul-De-Sac
  • 1 Fireplace
  • Formal Dining Room
  • Home Security System

About This Home

As of July 2020

This 3 bedroom home will make a great starter home or investment property. The sellers fenced in the backyard and added a storage building. The fireplace has been sealed and capped. An electric outlet in fireplace will make it easy to add an electric fireplace. The master is located on the main level with 2 additional bedrooms and full bath upstairs. This property is conveniently located to the Manchester, Knox and Butner gates, restaurants and shopping.

Last Agent to Sell the Property

Liz English

Coldwell Banker Advantage-Southern Pines License #185992 Listed on: 07/01/2020

Coldwell Banker Advantage-Southern Pines

Co-Listed By

Greg Sasser

Coldwell Banker Advantage-Southern Pines License #198239

Last Buyer's Agent

TERESA WOLF

ERA Strother RE #5 License #186468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $661

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Property is zoned R12

Home Design

  • Composition Roof
  • Aluminum Siding
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,273 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Formal Dining Room
  • Carpet
  • Built-In Microwave
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Termite Clearance

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Manchester Forest Subdivision

Listing and Financial Details

  • Tax Lot 43

Home Details

Home Type

Single Family

Est. Annual Taxes

$661

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Microwave - Built-In, Refrigerator
  • Construction Type: Stick Built
  • Deed Page: 731.00
  • Directions To Property: From NC 87 (Bragg Blvd). turn on McKenzie Rd, Left on Duncan Rd, Right on Marvin onto Carmichael. House will be on left.
  • Document Count: 2
  • Fireplace: 1
  • H O A: No
  • H O Aand Neighborhood Amenities: Termite Bond
  • Listing I D: 199696
  • List Priceper Sq Ft: 81.70
  • Lot Acres: 0.26
  • Lot Description: Cul-de-Sac Lot
  • Lot Number: 43
  • Marketing City: Spring Lake
  • M L S Approved: Y
  • New Construction: No
  • Secondary Subdivision: None
  • Sign On Property: Yes
  • Sq Ft Heated: 1273.00
  • State Province: NC
  • Stories Levels: Two
  • Subdivision: Manchester Forest
  • Tax Year: 2019
  • Terms: Cash
  • Total City Real Estate Property Tax: 578.90
  • Total Real Estate Property Taxes: 660.77
  • Total Heated Primary Separate Sq Ft: 1273.00
  • Water Heater: Electric
  • Year Built: 1978
  • Zoning: R12
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Flooring: Carpet
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), Security System, Wash/Dry Connect
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3

Exterior Features

  • Exterior Finish: Aluminum Siding, Stone, Vinyl Siding
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jun 23, 2020
Sold by
Mullius Cierra Sherrelle and Muffins Zachary Ryan
Bought by
Martinez Nico Valencia
Seller's Agent
Liz English
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
TERESA WOLF
ERA Strother RE #5
Sold Price
$102,000
Current Estimated Value
$185,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,820
Avg. Annual Appreciation
11.02%
Original Mortgage
$104,346
Outstanding Balance
$92,085
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$89,949

Purchase Details

Listed on
Oct 26, 2017
Closed on
Feb 16, 2018
Sold by
Onitiri Adeyemi
Bought by
Uzzle Cierra Sherrelle and Mullins Zachary Ryan
Seller's Agent
Michael Lovelace
LIFTED REALTY GROUP
Buyer's Agent
JAVIER ECHOLS
CENTURY 21 The Realty Group
List Price
$89,500
Sold Price
$89,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$91,424
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Jun 21, 2005
Sold by
Odoms Willie
Bought by
Onitiri Adeyemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,617
Interest Rate
5.7%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinez Nico Valencia $102,000 None Available
Uzzle Cierra Sherrelle $90,000 Attorney
Onitiri Adeyemi $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Nico Valencia $104,346
Previous Owner Uzzle Cierra Sherrelle $91,424
Previous Owner Onitiri Adeyemi $81,617
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2020 07/01/20 Sold $102,000 +14.0% $80 / Sq Ft
03/23/2018 03/23/18 Sold $89,500 0.0% $74 / Sq Ft View Prior Sale
01/31/2018 01/31/18 Pending -- -- --
10/26/2017 10/26/17 For Sale $89,500 -- $74 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,604 $130,015 $28,000 $102,015
2024 $2,604 $88,969 $15,000 $73,969
2023 $1,811 $86,895 $15,000 $71,895
2022 $1,580 $86,895 $15,000 $71,895
2021 $1,580 $86,895 $15,000 $71,895
2019 $1,551 $82,700 $15,000 $67,700
2018 $1,551 $82,700 $15,000 $67,700
2017 $1,551 $82,700 $15,000 $67,700
2016 $1,523 $84,200 $15,000 $69,200
2015 $1,523 $84,200 $15,000 $69,200
2014 $1,523 $84,200 $15,000 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 199696

Hive MLS

APN: 0501-58-4045